4502, Sadaf 7
Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 4502, Sadaf 7
What is 4502 worth today?
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Source: Dubai Land Department. Updated 28 February 2024.
Key facts
- Type
- Penthouse apartment
- Size
- 2,315 sqft
- Floor
- 45th of 46
- Parking
- B174/174A
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 33,600 /yr
- Last sold
- AED 1.61M · August 2014
- Building
- Sadaf 7
About 4502, Sadaf 7
4502 is a penthouse of 2,315 sqft on the 45th floor of Sadaf 7, a 46-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 13 August 2014 for AED 1,605,000, or AED 693 per sqft.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 28 February 2024, is AED 175,000 a year: a gross yield of 10.9% on the 2014 price, before the service charge of about AED 33,600 a year.
Sales and rents for 4502 over time
4502 has sold once; the dashed line is the penthouse median of each year in the building.
Annual rent on each registered contract; the dashed line is the penthouse median of each year in the building.
Penthouses in Sadaf 7, and where 4502 sits
All 6 penthouses →| Recent penthouse sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Sep 20149 September 2014 | 6,020 sqft | 6,155,000 | 1,022 | ||
| 28 Aug 201428 August 2014 | 1,508 sqft | 4,522,500 | 2,999 | ||
| 7 Nov 20127 November 2012 | 2,356 sqft | 1,909,000 | 810 | ||
| 5 Jan 20125 January 2012 | 2,189 sqft | 1,405,000 | 641 |
Sadaf 7
Building274 apartments, studios to 4-bed over 46 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 29 sold in the last 12 months.
- Typical price per sqft
- AED 1,445 Up 2.5%
- Typical sale
- AED 2M
- Typical rent
- AED 115K /yr
- Typical yield
- 5.8%
Other units on the 45th floor
All 274 units in Sadaf 74502, Sadaf 7 in numbers
- Sold once: by Dubai Properties on 13 August 2014 for AED 1,605,000, or AED 693 per sqft.
- Rented since March 2013 on 10 Ejari contracts, from AED 140,000 to AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2014 price is 10.9%, before a service charge of about AED 33,600 a year (AED 14.53 per sqft).
Source: Dubai Land Department. Updated 28 February 2024.
Questions about 4502, Sadaf 7
What did unit 4502 last sell for?
AED 1,605,000 on 13 August 2014, sold by the developer: AED 693 per sqft for 2,315 sqft. It is the only registered sale of the unit.
What is the rent for unit 4502?
AED 175,000 a year on the contract renewed on 28 February 2024. The previous contract, from February 2023, was AED 175,000; the unit has been rented since March 2013.
How big is unit 4502?
2,315 sqft (215.1 sqm): a penthouse on the 45th floor of a 46-storey tower completed in 2007.
What is unit 4502 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 4502, Sadaf 7
Starts from the last sale price (AED 1.61M, 13 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,605,000
- Deposit, UAE resident (20%)
- AED 321,000
- Deposit, non-resident (40%)
- AED 642,000
- Monthly over 25 years at 3.7%
- AED 6,567
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →